Exit strategy

*Please note that exit or resale of property depends on market conditions.

Unit/apartment features

FurnishingUnfurnished

HeatingCentral heating

Views from units Mountain views, Town views

Additional purchasing costs

Total additional costs5%

*These are the total additional costs that Buyer must pay on top of the purchase price. These include notary fees, stamp duty/local tax, solicitor's fees and may also include other costs that are typical for the country where the property is located.

Capital appreciation (p.a.)

Expected price increase of the property* 7% (прогнозно)

*Quote is based on historic facts, market analysis and monitoring of local trends on the market.*Resale price is fully depending on market conditions. Resale price is not guaranteed.

New residential building with magnificent design and excellent architecture, located in Manastirski livadi District with quick access to the city center and the ring road. The building is part of a very communicative area with excellent infrastructure and numerous amenities. It is 200 m away from the Ring Road, Bulgaria Mall, St. Sofia Hospital, business centers, etc.

The building is on eight storeys, with an area of 7600 sq.m. and offers an interesting and extremely functional distribution of the apartments, being built with materials of the highest quality and with some technological equipment. The first floor is for shops. Two underground floors are provided for parking. The apartments on the second to eight floors. The yard of the building is richly landscaped

The apartments in the building are facing southeast and southwest directions and are designed so that they can be divided or merged in different ways according to the individual requirements of the clients. The apartments have spacious premises with high floors that provide brightness and give a feeling of free space and air. Their layouts are functional, the rooms are rectangular, wide and easy to decorate.

The first floor is at the level of the terrain and there is an entrance with a spacious foyer for the residential part and shops with separate entrances to "Vasil Stefanov" Str. There are two large elevators and stairwells connecting the floors of the building through the lobby. On the foyer are to be found a room for the porter and a technical room for the low-voltage installations (internet, TV, telephone). The lobby offers is a convenient exit to a common outdoor terrace, which leads to the richly landscaped courtyard around the building.

The floors from the second to the seventh floors are the same, and each has seven apartments - five studios or one-bedroom and three three-room apartments. The two-room apartments can be combined in pairs in three or four-bedroom apartments. The two-bedroom apartments on the south-eastern facade of the building can be divided into two one-bedroom apartments. The smaller apartments have one balcony and the larger two balconies. The access to the apartments is wide and there is a corridor, which leads to a wide and bright reception area. The two lifts stop on the floor lobby and offer access to the staircase.

The last eighth floor is a roofed one and is housed inside the façade board. The apartments on that floor are six - 3 studios, 1 one-bedroom and 2 two-bedroom apartments. On this floor, the apartments have large terraces, which are situated along the entire length of the apartments and reveal a beautiful view towards Vitosha mountain. The terraces are partially covered with pergolas and frosted glass to offer a rain protected area and not overheat the apartments' premises.

The underground garages are on two levels and all parking spaces are there. The access to the garages is through a wide outer ramp with a small slope. The underground levels provide wide streets with enough space for easy maneuvering and parking. The access to all car parks is easy and convenient. The connection of the garages with the upper levels is made by the two lifts and the staircase. The yard is two acres and offers an opportunity for maximum landscaping.

As of September 2017, the 60 apartments for sale in the building are 9. The total number of garages is 78, of which 10 are available for sale.
Apartment prices with VAT (from / to): 119,000 to 295,000 Euro
Garage prices with VAT (from / to): 14 950 Euro
Basement prices: 59 euros per sq m, buying them is not an option
Prices of cafes / pools, etc. with VAT (from / to): shops for rent from 1380 to 1980 Euro

Location (approximate)

This is the approximate location of the development. Please contact the listing agent to find out its exact location.

Gallery

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Price list

Technical specification

Construction
The construction of the building is a monolithic reinforced concrete skeleton with columns, beams and slabs. The columns and beams are positioned so that they are set between the apartments and this allows inner transformations. The balconies and the evacuation staircase are made of steel, galvanized and powdered.

Facades
The building's facades are ventilated. The exterior walls are made of a brick wall of 25 cm, thermal insulation of 10 cm rock wool with air layer is added for ventilation of the insulation and outside brick wall of decorative bricks 11.5 cm. The bricks have high frost resistance, with exceptional durability and resistance to aggressive environments. They effectively protect the building from atmospheric conditions and contribute to its aesthetic appearance. A small part of the walls to the inner courtyard are made of a brick wall 25 cm, thermal insulation EPS 10 cm and mineral plaster. The joinery is aluminum, the steel elements are hot-coated. The outer wall in the niche at the entrance of the building is lined with granite slabs.

Roof
The roof of the building is flat. Thermo-insulation and waterproofing and the necessary slopes for proper draining of water are provided.

Apartments
The walls in the apartments are made of bricks. To achieve good sound insulation and tranquility, the partition walls between the apartments are made of two layers of bricks each 12 cm thick with 6 cm thick mineral wool layer between them. The bricks are covered with plastering. For better sound insulation and noise insulation between the floors, a soundproofing layer is provided. The balconies are covered with granite slabs. The joinery is Shuko aluminum, with triple glazing. The outside door is from a German company.

Common Parts
The walls in the common parts are made of bricks with latex finish. The floors are covered with granite tiles. Elevators are two for eight people with luxury cabins from an established manufacturer.

Underground garages
The flooring of the garages is of sanded concrete. The walls are plastered and painted with latex. The ceiling is a reinforced concrete slab.

Building installations
The building is heated through aluminum radiators. The apartments come with installations of air conditioning with a multi-split inverter system. The location and number of indoor air conditioners will be determined by the owner. The outdoor climate unit is located on the balconies at the common corridor on the northern facades. To preserve the good appearance of the facade, the climate bodies are concealed by the steel ramps on the balconies. The installation of the climatic bodies is covered with decorative elements.

The common corridors and in the corridors of the apartments will have suspended ceilings, which will hide the air conditioners pipes. The ventilation of the kitchen zones and bathrooms will be provided. With regard to ventilation, a solution has been applied that completely disables the unpleasant penetration from one room to another - one ventilation duct with a suction blower is installed in each room to expel the air directly to the roof. The underground garages will have such installation for the disposal of the polluted air.

The electrometer switchboards will be placed in a room on level -1, with entrance to the underground garage. The electricity supply of the apartments is single-phase and three-phase. Each apartment is equipped with a bell, telephone, intercom installation and a network for cable TV and internet connection. On the 1st floor next to the porter will be placed a room for those isnatllatios.

Quarter/Area

The residential building is located in the Manastirski Livadi District, on the eastern side of Bulgaria Blvd. To the south of the neighborhood are to be seen Vitosha Mountain and Boyana District, in the eastern direction is the South Park. In the neighborhood are located Bulgaria Mall, St. Sofia Hospital, several business centers and many entertainment sites.

The distance from the boulevard allows for a peaceful and quite atmosphere, while the residents of the complex can enjoy the quick connection to the city center and the ring road of Sofia. The building reveals a magnificent view to the south towards Vitosha Mountain.

Construction plan

The construction works on the building have began in March 2017, and Act 14 is expected to be issued in October 2017. A year later, in October 2018, the building is expected to have Act 15. The construction works are expected to be completed in December 2018 .

Payment plan

1000 Euro reservation deposit

30% first installment minus the deposit upon signing of the preliminary contract

30% second installment upon reaching shell stage

30% third installment upon issue of Act 15

10% fourth installment upon issue of Act 16

Contacts

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